How to be a Guru in 10 easy Steps

A High Growth Proposition?

http://www.elitetrader.com/vb/showthread.php?s=&postid=2575510#post2575510

Quote from OddTrader:

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Quote from paysense:

I know that most people have a healthy amount of cynicism built inside - but OddTrader. . .

My statement refers to no re-directions to MY commercial products and services. These were examples pointing to OP (I am not his shill or otherwise promoting OP who is a competitor).

This was for discussion purposes, only. I would hope that most people could see this.

You've been around here a while. It would be great to hear OddTrader contribute.

Worthwhile merits, no?

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Already too busy here:

How to be a Guru in 10 easy Steps
http://www.elitetrader.com/vb/showthread.php?s=&postid=2575479#post2575479

Frankly speaking: The site is yours, isn't it?
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Quote from OddTrader:

Easy Step #101:
Characteristics of Guru's writing skills (aka: How to do talking to oneself!):

:D
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:D

Quote from paysense:

Are you such an angry person that <B><i>we cannot get on with the business of discussing the matters at hand?</i></b>

paysense (seems appropriate?)
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Quote from OddTrader:

Why would you keep telling people repeatedly that early assignment is OK and hedged? And you yourself sell only European options (that cannot have early assignment)!
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There is something wrong with your reading comprehension

1) Yes, early assignment of American style options is not a problem (except for cash settled, OEX).

2) I prefer to trade European style options. BUT NOT BECAUSE o any assignment risk. It's because I prefer to trade those underlying indexes.

There is no contradiction in that.

The statement means 'early assignment' is not a problem - so there is no need to worry about it.

It does not mean you should seek positions that are likely to be assigned early.

Mark
 
Odd,

take a few days off, or a week, or whatever.

thanks for exposing these frauds.

the irony is that when the frauds respond they are simply pushing the Guru thread to the top, exposing their profession even more.

KEEP RESPONDING YOU FRAUDS!!!!!
 
Quote from TheBestGuruEver:

Odd,

take a few days off, or a week, or whatever.

thanks for exposing these frauds.

the irony is that when the frauds respond they are simply pushing the Guru thread to the top, exposing their profession even more.

KEEP RESPONDING YOU FRAUDS!!!!!
More...

ok. by your request =>

http://www.elitetrader.com/vb/showthread.php?s=&postid=2469031#post2469031

<i>I will never be a great trader.
I just "think" for the first time in 14 years I half 'get it' </i>
 
Quote from TheBestGuruEver:

Odd,

take a few days off, or a week, or whatever.

thanks for exposing these frauds.

the irony is that when the frauds respond they are simply pushing the Guru thread to the top, exposing their profession even more.

KEEP RESPONDING YOU FRAUDS!!!!!
More...


Build it – and they will come.... And apparently in droves :cool:


Odd,

You’re good in my book – job well done Sir


Btw – another guru-ism = Great Trader…. :eek: :p



Happy Evening All

RN
 
It should be noted “the best guru ever” turned out to be a real guru, with his own web site calling out trades – ended up getting tagged by one of his members – then I believe he reregistered under another handle – ce la vie




Now fwiw I have another guru-ism to add – one I’ve seen suggested several times here lately….


Take half a position off once price moves in your direction..

Supposedly doing this helps a newer trader overcome/ counteract the habit of moving a stop too soon (which causes that trader to get stopped out then sit frozen as they watch price move back and scoot off in their original direction)


Nope…… it doesn’t work as advertised – and very possibly could do more harm than good

Yes it is counterintuitive – but then almost everything is counterintuitive when it comes to proper trading.


Please feel free to ignore, discuss, or take me to task…

Respectfully

RN
 
redneck so true.........take some off......1/2 is okay.........1/3's is more accepted......but move in ur direction is very vague...let's say es moves 1 pt........1/3 out.........2 pts next 1/3.....ride the rest......point targets must be precise and "when seen"......no slippage concerns or commish etc..that is kkiller........exits must be "when seen" at each target.
 
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